Comprehensive competitive analysis and profiles of major market players such as BTL Group Ltd., BitFury Group Limited, Coinbase, Chain Inc, Deloitte, Earthport PLC, IBM Corporation, INTELYGENZ, Microsoft Corporation, and Ripple are provided in this report.

Portland, OR -- (SBWire) -- 08/28/2017 --Blockchain in retail refers to the technology that maintains and manages distributed database consisting of transactions among different parties, including suppliers, manufacturers, or customers involved or related to the business. The transaction is recorded in chronological order and provides transaction details to every connected user.

The growth of the global blockchain in retail market is driven by growth in demand for transparency related to product origin or processes and rise in need to reduce duplicative record keeping. Other factors that fuel the market growth include rapid digitalization and reduced total cost of ownership. However, factors such as lack of awareness related to blockchain technology and increase in counterfeit products restrict the growth of the market.

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The report segments the blockchain in retail market on the basis of type, application, and geography. On the basis of type, the market is categorized into public, private, and others. Applications covered in the study include exchange, payment, documentation, others. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players such as BTL Group Ltd., BitFury Group Limited, Coinbase, Chain Inc, Deloitte, Earthport PLC, IBM Corporation, INTELYGENZ, Microsoft Corporation, and Ripple are provided in this report.

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Blockchain in Retail Market Key Segments:

By Type

Public
Private
Hybrid

By Application

Exchange
Payment
Documentation
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa